<informationTable xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable">		<infoTable>
			<nameOfIssuer>ADVANCED ENERGY INDS</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>007973100</cusip>
			<value>415</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4725</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>4725</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>AERCAP HOLDINGS NV</nameOfIssuer>
			<titleOfClass>SHS</titleOfClass>
			<cusip>N00985106</cusip>
			<value>4657</value>
			<shrsOrPrnAmt>
				<sshPrnamt>80549</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>80549</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ALLISON TRANSMISSION HLDGS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>01973R101</cusip>
			<value>2048</value>
			<shrsOrPrnAmt>
				<sshPrnamt>57980</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>57980</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ALTICE USA INC</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>02156K103</cusip>
			<value>456</value>
			<shrsOrPrnAmt>
				<sshPrnamt>22000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>22000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>AMERCO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>023586100</cusip>
			<value>323</value>
			<shrsOrPrnAmt>
				<sshPrnamt>500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>500</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>AMERICAN EAGLE OUTFITTERS NE</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>02553E106</cusip>
			<value>2739</value>
			<shrsOrPrnAmt>
				<sshPrnamt>106173</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>106173</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>AMREP CORP NEW</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>032159105</cusip>
			<value>7859</value>
			<shrsOrPrnAmt>
				<sshPrnamt>500554</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>500554</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>AMREP CORP NEW</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>032159105</cusip>
			<value>279</value>
			<shrsOrPrnAmt>
				<sshPrnamt>17751</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>17751</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BARRICK GOLD CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>067901108</cusip>
			<value>451</value>
			<shrsOrPrnAmt>
				<sshPrnamt>25000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>25000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BERKSHIRE HATHAWAY INC DEL</nameOfIssuer>
			<titleOfClass>CL B</titleOfClass>
			<cusip>084670702</cusip>
			<value>3257</value>
			<shrsOrPrnAmt>
				<sshPrnamt>11932</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>11932</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BLACKSTONE MTG TR INC</nameOfIssuer>
			<titleOfClass>COM CL A</titleOfClass>
			<cusip>09257W100</cusip>
			<value>273</value>
			<shrsOrPrnAmt>
				<sshPrnamt>9000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>9000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BLUEGREEN VACATIONS HLDG CORP</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>096308101</cusip>
			<value>2442</value>
			<shrsOrPrnAmt>
				<sshPrnamt>94645</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>94645</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BLUEGREEN VACATIONS HLDG CORP</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>096308101</cusip>
			<value>95</value>
			<shrsOrPrnAmt>
				<sshPrnamt>3666</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>3666</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BUILDERS FIRSTSOURCE INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>12008R107</cusip>
			<value>107071</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2069414</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>2069414</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BUILDERS FIRSTSOURCE INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>12008R107</cusip>
			<value>9433</value>
			<shrsOrPrnAmt>
				<sshPrnamt>182313</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>182313</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CACI INTL INC</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>127190304</cusip>
			<value>1048</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>4000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CANADIAN NAT RES LTD</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>136385101</cusip>
			<value>6438</value>
			<shrsOrPrnAmt>
				<sshPrnamt>176200</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>176200</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CANADIAN NAT RES LTD</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>136385101</cusip>
			<value>965</value>
			<shrsOrPrnAmt>
				<sshPrnamt>26419</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>26419</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CANADIAN SOLAR INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>136635109</cusip>
			<value>2998</value>
			<shrsOrPrnAmt>
				<sshPrnamt>82107</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>82107</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CARRIAGE SVCS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>143905107</cusip>
			<value>763</value>
			<shrsOrPrnAmt>
				<sshPrnamt>17106</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>17106</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CAVCO INDS INC DEL</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>149568107</cusip>
			<value>8079</value>
			<shrsOrPrnAmt>
				<sshPrnamt>34128</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>34128</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CAVCO INDS INC DEL</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>149568107</cusip>
			<value>1557</value>
			<shrsOrPrnAmt>
				<sshPrnamt>6577</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>6577</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CENTRAL SECS CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>155123102</cusip>
			<value>221</value>
			<shrsOrPrnAmt>
				<sshPrnamt>5242</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>5242</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CGI INC</nameOfIssuer>
			<titleOfClass>CL A SUB VTG</titleOfClass>
			<cusip>12532H104</cusip>
			<value>763</value>
			<shrsOrPrnAmt>
				<sshPrnamt>9000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>9000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CHEMOURS CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>163851108</cusip>
			<value>3542</value>
			<shrsOrPrnAmt>
				<sshPrnamt>121895</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>121895</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CIM COMMERCIAL TRUST</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>125525584</cusip>
			<value>3810</value>
			<shrsOrPrnAmt>
				<sshPrnamt>420550</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>420550</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CUMMINS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>231021106</cusip>
			<value>52</value>
			<shrsOrPrnAmt>
				<sshPrnamt>230</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>230</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CUMMINS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>231021106</cusip>
			<value>157</value>
			<shrsOrPrnAmt>
				<sshPrnamt>700</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>700</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DANA HOLDING CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>235825205</cusip>
			<value>11494</value>
			<shrsOrPrnAmt>
				<sshPrnamt>516815</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>516815</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DANA HOLDING CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>235825205</cusip>
			<value>92</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4125</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>4125</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ELASTIC N V</nameOfIssuer>
			<titleOfClass>ORD SHS</titleOfClass>
			<cusip>N14506104</cusip>
			<value>1490</value>
			<shrsOrPrnAmt>
				<sshPrnamt>10000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>10000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>EQUITY COMWLTH</nameOfIssuer>
			<titleOfClass>COM SH BEN INT</titleOfClass>
			<cusip>294628102</cusip>
			<value>1117</value>
			<shrsOrPrnAmt>
				<sshPrnamt>43000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>43000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>EXTERRAN CORPORATION</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>30227H106</cusip>
			<value>890</value>
			<shrsOrPrnAmt>
				<sshPrnamt>200550</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>200550</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>EXTERRAN CORPORATION</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>30227H106</cusip>
			<value>9</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1950</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>1950</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>FIVE POINT HOLDINGS LLC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>33833Q106</cusip>
			<value>1429</value>
			<shrsOrPrnAmt>
				<sshPrnamt>182500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>182500</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>FIVE POINT HOLDINGS LLC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>33833Q106</cusip>
			<value>16</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>2000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>FRP HLDGS INCORPORATED</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>30292L107</cusip>
			<value>1404</value>
			<shrsOrPrnAmt>
				<sshPrnamt>25113</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>25113</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GAN LIMITED</nameOfIssuer>
			<titleOfClass>ORD SHS</titleOfClass>
			<cusip>G3728V109</cusip>
			<value>3550</value>
			<shrsOrPrnAmt>
				<sshPrnamt>238748</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>238748</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GRAFTECH INTERNATIONAL</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>384313508</cusip>
			<value>7332</value>
			<shrsOrPrnAmt>
				<sshPrnamt>710475</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>710475</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GRAFTECH INTERNATIONAL</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>384313508</cusip>
			<value>2</value>
			<shrsOrPrnAmt>
				<sshPrnamt>200</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>200</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>INSTEEL INDUSTRIES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>45774W108</cusip>
			<value>9842</value>
			<shrsOrPrnAmt>
				<sshPrnamt>258650</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>258650</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>INTERNATIONAL SEAWAYS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>Y41053102</cusip>
			<value>252</value>
			<shrsOrPrnAmt>
				<sshPrnamt>13842</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>13842</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>JEFFERIES FINL GROUP INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>47233W109</cusip>
			<value>15053</value>
			<shrsOrPrnAmt>
				<sshPrnamt>405412</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>405412</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>JEFFERIES FINL GROUP INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>47233W109</cusip>
			<value>1543</value>
			<shrsOrPrnAmt>
				<sshPrnamt>41558</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>41558</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>KIRKLAND LAKE GOLD LTD</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>49741E100</cusip>
			<value>582</value>
			<shrsOrPrnAmt>
				<sshPrnamt>14000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>14000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>L3HARRIS TECHNOLOGIES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>502431109</cusip>
			<value>418</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1900</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1900</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>LEGACY HOUSING CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>52472M101</cusip>
			<value>3290</value>
			<shrsOrPrnAmt>
				<sshPrnamt>183110</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>183110</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>LIBERTY BROADBAND CORP</nameOfIssuer>
			<titleOfClass>COM SER A</titleOfClass>
			<cusip>530307107</cusip>
			<value>842</value>
			<shrsOrPrnAmt>
				<sshPrnamt>5000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>5000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>LIBERTY MEDIA CORP DEL</nameOfIssuer>
			<titleOfClass>COM A SIRIUSXM</titleOfClass>
			<cusip>531229409</cusip>
			<value>519</value>
			<shrsOrPrnAmt>
				<sshPrnamt>11000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>11000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>LINCOLN ELEC HLDGS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>533900106</cusip>
			<value>8479</value>
			<shrsOrPrnAmt>
				<sshPrnamt>65835</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>65835</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>LINCOLN ELEC HLDGS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>533900106</cusip>
			<value>23</value>
			<shrsOrPrnAmt>
				<sshPrnamt>175</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>175</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>LOUISIANA PAC CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>546347105</cusip>
			<value>1568</value>
			<shrsOrPrnAmt>
				<sshPrnamt>25550</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>25550</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>LSB INDS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>502160104</cusip>
			<value>13675</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1339362</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1339362</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>LSB INDS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>502160104</cusip>
			<value>335</value>
			<shrsOrPrnAmt>
				<sshPrnamt>32795</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>32795</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>MARKEL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>570535104</cusip>
			<value>598</value>
			<shrsOrPrnAmt>
				<sshPrnamt>500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>500</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>MARSH &amp; MCLENNAN COS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>571748102</cusip>
			<value>606</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>4000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>MERCK &amp; CO INC NEW</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>58933Y105</cusip>
			<value>225</value>
			<shrsOrPrnAmt>
				<sshPrnamt>3000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>3000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>METHODE ELECTRONICS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>591520200</cusip>
			<value>4675</value>
			<shrsOrPrnAmt>
				<sshPrnamt>111181</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>111181</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>MORGAN STANLEY</nameOfIssuer>
			<titleOfClass>COM NEW</titleOfClass>
			<cusip>617446448</cusip>
			<value>681</value>
			<shrsOrPrnAmt>
				<sshPrnamt>7000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>7000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>NOBLE CORP NEW</nameOfIssuer>
			<titleOfClass>SHS</titleOfClass>
			<cusip>G6610J209</cusip>
			<value>8321</value>
			<shrsOrPrnAmt>
				<sshPrnamt>307500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>307500</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>OLIN CORP NEW</nameOfIssuer>
			<titleOfClass>COM PAR $1</titleOfClass>
			<cusip>680665205</cusip>
			<value>5233</value>
			<shrsOrPrnAmt>
				<sshPrnamt>108450</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>108450</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>OLIN CORP NEW</nameOfIssuer>
			<titleOfClass>COM PAR $1</titleOfClass>
			<cusip>680665205</cusip>
			<value>17</value>
			<shrsOrPrnAmt>
				<sshPrnamt>355</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>355</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PETROLEO BRASILEIRO SA PETRO</nameOfIssuer>
			<titleOfClass>SPONSORED ADR</titleOfClass>
			<cusip>71654V408</cusip>
			<value>189</value>
			<shrsOrPrnAmt>
				<sshPrnamt>18250</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>18250</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PREFORMED LINE PRODS CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>740444104</cusip>
			<value>650</value>
			<shrsOrPrnAmt>
				<sshPrnamt>10000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>10000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PRICESMART INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>741511109</cusip>
			<value>431</value>
			<shrsOrPrnAmt>
				<sshPrnamt>5553</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>5553</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PHX MINERALS INC</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>69291A100</cusip>
			<value>1562</value>
			<shrsOrPrnAmt>
				<sshPrnamt>510304</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>510304</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PHX MINERALS INC</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>69291A100</cusip>
			<value>333</value>
			<shrsOrPrnAmt>
				<sshPrnamt>108873</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>108873</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>RADNET INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>750491102</cusip>
			<value>9184</value>
			<shrsOrPrnAmt>
				<sshPrnamt>313350</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>313350</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>RADNET INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>750491102</cusip>
			<value>138</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4700</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>4700</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>RMR MORTGAGE TR</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>76970B101</cusip>
			<value>642</value>
			<shrsOrPrnAmt>
				<sshPrnamt>62301</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>62301</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SEA LTD</nameOfIssuer>
			<titleOfClass>SPONSORED ADS</titleOfClass>
			<cusip>81141R100</cusip>
			<value>9562</value>
			<shrsOrPrnAmt>
				<sshPrnamt>30000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>30000</Sole>
				<Shared>0</Shared>
				<None>0</None>
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		<infoTable>
			<nameOfIssuer>SEACOR MARINE HOLDINGS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>78413P101</cusip>
			<value>1776</value>
			<shrsOrPrnAmt>
				<sshPrnamt>383516</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>383516</Sole>
				<Shared>0</Shared>
				<None>0</None>
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		<infoTable>
			<nameOfIssuer>SEACOR MARINE HOLDINGS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>78413P101</cusip>
			<value>3</value>
			<shrsOrPrnAmt>
				<sshPrnamt>697</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>697</Sole>
				<Shared>0</Shared>
				<None>0</None>
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		<infoTable>
			<nameOfIssuer>SKYLINE CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>830830105</cusip>
			<value>12822</value>
			<shrsOrPrnAmt>
				<sshPrnamt>213480</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>213480</Sole>
				<Shared>0</Shared>
				<None>0</None>
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		<infoTable>
			<nameOfIssuer>SPOTIFY TECHNOLOGY S A</nameOfIssuer>
			<titleOfClass>SHS</titleOfClass>
			<cusip>L8681T102</cusip>
			<value>3155</value>
			<shrsOrPrnAmt>
				<sshPrnamt>14000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>14000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>TECHNIPFMC PLC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>G87110105</cusip>
			<value>735</value>
			<shrsOrPrnAmt>
				<sshPrnamt>97581</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>97581</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>TECHNIPFMC PLC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>G87110105</cusip>
			<value>14</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1825</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>1825</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
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		<infoTable>
			<nameOfIssuer>TELEFONICA BRASIL SA</nameOfIssuer>
			<titleOfClass>NEW ADR</titleOfClass>
			<cusip>87936R205</cusip>
			<value>310</value>
			<shrsOrPrnAmt>
				<sshPrnamt>40000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>40000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>TIDEWATER INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>88642R109</cusip>
			<value>30111</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2496750</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>2496750</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>TIDEWATER INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>88642R109</cusip>
			<value>269</value>
			<shrsOrPrnAmt>
				<sshPrnamt>22299</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>22299</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>TIDEWATER INC</nameOfIssuer>
			<titleOfClass>*W EXP 07/31/202</titleOfClass>
			<cusip>88642R117</cusip>
			<value>103</value>
			<shrsOrPrnAmt>
				<sshPrnamt>108717</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>108717</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>TIDEWATER INC</nameOfIssuer>
			<titleOfClass>*W EXP 07/31/202</titleOfClass>
			<cusip>88642R117</cusip>
			<value>1</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1135</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>1135</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>TIDEWATER INC</nameOfIssuer>
			<titleOfClass>*W EXP 07/31/202</titleOfClass>
			<cusip>88642R125</cusip>
			<value>193</value>
			<shrsOrPrnAmt>
				<sshPrnamt>278980</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>278980</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>TIDEWATER INC</nameOfIssuer>
			<titleOfClass>*W EXP 07/31/202</titleOfClass>
			<cusip>88642R125</cusip>
			<value>1</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1227</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>1227</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>TRAVEL PLUS LEISURE CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>894164102</cusip>
			<value>3741</value>
			<shrsOrPrnAmt>
				<sshPrnamt>68610</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>68610</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>TURQUOISE HILL RES LTD</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>900435207</cusip>
			<value>443</value>
			<shrsOrPrnAmt>
				<sshPrnamt>30000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>30000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>U M H PROPERTIES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>903002103</cusip>
			<value>7583</value>
			<shrsOrPrnAmt>
				<sshPrnamt>331137</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>331137</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>U M H PROPERTIES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>903002103</cusip>
			<value>185</value>
			<shrsOrPrnAmt>
				<sshPrnamt>8100</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>8100</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>UBER TECHNOLOGIES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>90353T100</cusip>
			<value>2240</value>
			<shrsOrPrnAmt>
				<sshPrnamt>50000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>50000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>VALARIS LIMITED</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>G9460G101</cusip>
			<value>1744</value>
			<shrsOrPrnAmt>
				<sshPrnamt>50000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>50000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>VIDLER WATER RESOURCES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>92660E107</cusip>
			<value>4169</value>
			<shrsOrPrnAmt>
				<sshPrnamt>366386</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>366386</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>VIDLER WATER RESOURCES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>92660E107</cusip>
			<value>49</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4275</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>4275</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>VOYA FINANCIAL INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>929089100</cusip>
			<value>859</value>
			<shrsOrPrnAmt>
				<sshPrnamt>14000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>14000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>WEST FRASER TIMBER CO LTD</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>952845105</cusip>
			<value>35036</value>
			<shrsOrPrnAmt>
				<sshPrnamt>415961</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>415961</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>WEST FRASER TIMBER CO LTD</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>952845105</cusip>
			<value>740</value>
			<shrsOrPrnAmt>
				<sshPrnamt>8786</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>8786</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>WESTERN DIGITAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>958102105</cusip>
			<value>7951</value>
			<shrsOrPrnAmt>
				<sshPrnamt>140878</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>140878</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>WESTERN DIGITAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>958102105</cusip>
			<value>113</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>2000</Sole>
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				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>WESTLAKE CHEM CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>960413102</cusip>
			<value>20735</value>
			<shrsOrPrnAmt>
				<sshPrnamt>227505</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>OTR</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>227505</Sole>
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				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>WESTLAKE CHEM CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>960413102</cusip>
			<value>316</value>
			<shrsOrPrnAmt>
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				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<otherManager>N/A</otherManager>
			<votingAuthority>
				<Sole>3465</Sole>
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				<None>0</None>
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		</infoTable>
</informationTable>
